Question
ABC, Ltd. issued a bond having a par value of $1,000, a ten year life and a 12% coupon rate. If interest is paid semiannually
ABC, Ltd. issued a bond having a par value of $1,000, a ten year life and a 12% coupon rate. If interest is paid semiannually and investors require a 9% rate of return, what is the value of the bond?
| $895 | ||
| $990 | ||
| $1075 | ||
| $1195 |
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Crime And Punishment In The Future Internet
Authors: Sanja Milivojevic
1st Edition
036746800X, 978-0367468002
